DETOJE ON

1921.

THE HONGKONG DAILY PRESS. THURSDAY, OCTOBER.

DODWELL & CO., LIMITED.

REGULAR SAILINGS TO NEW YORK & BOSTONI. for `NEW YORK & BOSTON Mia® Suez

mailing About 10th Nov.

"WRAY CASTLE"

LLOYD TRIESTINO.

TAKING CARGOʻON-THROUGH ́BILLS OF LADING FOR LEVANT BLACK SEA & DANUBE PORTS:

FIUME-having been re-opened-for-traflio sargo-is-sles accepted for this port on through Bills of Lading,

11

FOR BRINDISI, VENICE & TRIESTE

*I

via SINGAPORE. PENANG & COLOMBO, Yukina OPERSIA "...

-exiling on or abdat 7th November.

sailing beginning of December. SHANGĦAL

"NIPPON”

PERSIA" ...

FOR

***

-esting on or about 25th October sailing on or aboar 20th November. Passengers' Luggage, can be insured at the Office of the Agents.

1.1. ** NIPPON L

82

NATAL LINE OF STEAMERS

Sailing from Colombo to South African Ports:- SOUTH AFRICAN PORTS from CALCUTTA & COLOMBO, Through Bills of Lading waved from Hongkong.

For Freight or Passage on any of the shore Lines apply to Jaew

N

DODWELL & CO., LIMITED,

Agents

*AWOTO JesW

Y. K.

NIPPON YUSEN KAISHA

"WAIKINGS "PRON"MONGKONG SUBJHIS TO ALTERAZICE.

VICTORIA, SEATTLE & VANCOUVER

Japan porta

Shanghaf

Through Bill of Lading issued to all Overland common Points in USA. and Canada.

SUWA MABU' (Nagasaki direct) TUSHIMI MARU (Nagamki direct) ... KATORI MARU (calling Manila)

Saturday,

19th Oct., at 11 am..

Saturday,

Saturday,

Wednesday,

19th Nov at 12 km 3rd Dec, at 11 D. 28th Dec. 11 D

́KASHIMA MARU·

MARSEILLES, LONDON & ANTWERP via Singapore, Penang

Colombo, Suez and Port Raid

·IYO WABU

ALBUTA MARIA

BEIDZUOKA MARU”

HAKONE MARU:

YOKOHAMA MARU

KLEIST

Thursday,

Friday,

Friday

Priday.

Friday,

Friday,

HAMBURG, via LONDON & ROTTERDAM.

MATSUTE MABU...

LIVERPOOL via MARSEILLES.

„KAMAKUBA MASU

T7th Oct, st] 11 "kz. 11th Nov, at 11 p.m.." -95th Nov, at 11 km. 9th Dec, at 11 am. 23rd Dec, at 11 am.

6th Jan, at 11

Wednesday, 23rd November.

Wednesday 7th Dec

SYDNEY MELBOURNE TÍM Manila, Zamboanga, Thursday

Island, Townsville & Brisbane.

AKI MARU

TANGO MARU

NIKKO MARU

NEW YORK, VIA PANAMA & CUBAN PORTS.

DELAGOA MARU **

NEW YORK via SUEZ.

BANGOON MARU

BIO DE JANEIRO, SANTOS & BUENOS AIRES tia CAPE.

KAWACHI MABU.

Tuesday,

Treniny, Tuesday,

15th Nov., sð 17^a.m. 20th. Dex, at 11am. 17th Jan, at 11 am."

Friday,

Thursday

25th Nov.

27th Oct

Wednesday, 18th, Nov.

Thursday, 3rd Nov.

Friday,

Friday,

28th Oct. 11th Nov.

Friday, 18th Nov, at

Friday,

Thursday, Bunday,

BOMBAY vis Singapore, Penang and Calombo,

WAKABA MARUNAS

CALOUTTA via Singapore, Penang & Bangoon.-

NAGASAKI KOBE & YOKOHAMA.

TOTOMI MARU (omitting Fenang) “ SANUKĮ MARŲ,

TANGO MARU

KAGA MARU

TSUYAMA MARU

YOKOHAMA MARU.

SHANGHAI, KOBE & TOROMASO

FIJA MARU (dalling: Nagakaka, & Kure,) Sunday,,

p m

26th Out, at 11 s. m.

17th Nov,

20h Nov at 11 am. 20th Nov.

WAGES, PROFITS, AND LOSSES.

INEXORABLE ECONOMIC LAWS.

The presidential address in the Section of Economic Science and Statistics, as the British Association meetings, at Edinburgh, last month was delivered by Mr. W. L. Hicher (London).

WEATHER REPORT." October 16th, at 1088-Pressure has increased moderately over NĂM. Japan under. the influence of the northern anticyclone, which is now to the north of Hokkaido.

The anticyclone over China and the depression. „Letween the Benins and the

cochons are nearly stationary. along the S.E. coast of China, and over the Befresh to moderate monsoon will continue China Bea

Hongkong rainfall for the 24 hours ending at 10 am today, 0.34 inch. To dinos January 1st, 96.90 Incher, against an average of 80.13 inches.

soon to-day is as follows:-

The forecast for the 24 hours ending at

District

Hongkong to Gap Book

FORECAST. IN.E. winds, frech to moder Lata; fine İNE. windu Latrong.

Hoarking and Lamònka 1 ». Na 1. death coat of China between The same

Hongkong and Hainan, No. 1.

1.4

Mr. Hichers said that we were con- tinually being told that the standard wage should be the 1914 wage, plus a per- centage equivalent to the increase in the cost of living since that date. And Fet," he proceeded. "we are obviously poorer than we were in 1914, and it is equally obvious that our foreign trade is slipping from our grasp, owing to the competition of Germany and America. From apractical point of view what is necessary is not to work! Formosa Channel, out a standard wage which we shouldį like to pay if we could, but to determine South coast of China betvich (The same as what, wages, we can afford to pay in each. industry without losing our foreign markets. This can only be settled by & frank discussion between employers and employed, and it is essential that employers should, disclose all the facts. This would raven that in many industries prices have fallen faster than costs, and that work is being taken at a loss." In the course of a statement of the conclusions at which he had arrived, Mr. Hichens said: "It is idle to hope that the living wage can be based permanently on any given standard of civilisation; it is bound to Buctuate at different periods, and will Balóméter depend largely on whether the industries Temperature of a country are progressive, stagnant, Humidity for retrogressive. Wages above the mini Wind Direction

mum or living wage are determined

Force mainly by the law of supply and demand,

Weather but certain other factors enter into their | Bain

HONGKONG -METEOROLOGIVÁL

REGISTER.

Hongkong Observatory, October 16th.

Previous On Date JADA

Day MO

***

INDO-CHINA

STEAM NAVIGATION COMPANY, LIMITED.

CARA TE LAAN BAILINGS

12 31.

BIZIRISTOL-ALTERATION -

SHANGHAI & TSINGTAU via SWATOW WAISBING Fri. 28th Oct., Noon KBANGKOK vin'SWITOR...

MANILATOR DECORAT HAIPHONG via HOIDOW ABANDAKAN DARIA...

STRAITS CALCUTTA

"LOONGSANG! Fri- £8th Oct. 3 r.Mu

FOOSHING. Tues. _lat.Net,... D'Rght.. "LOKBANG Tuon, Nov. 10 m

* ***HINSANG Wed 2nd Now, Noon “TOOKBANG " ...Thura". 3rd Nov. 3 13. KOBE Vis SHANGHAI & MOJE KUMSANG..Wed, 9th Nov, D'light CALOUTTA LINE

jarok wil

1.

THE ELE

Lize, afforda regular sallings to Caloutta, Fering and Singapore returning from Calcutta, steamers proneed via Strata and Hongkong is Japan, necasionally calling at Bhangbait

All steamers have arm lent passenger accommodation, are A ftted with Electric Light and Fana and carry a fully-qualiBed,

Surgeon

| SHANGHAI LINE:-Sailings appronmately every five days, between Canton, and -Shanghal, sometimes calling st. Swa ow. Through tickabe, can be obtained and through Bill of Lading aro isgod to All Verttern and Yangiare, Furto via Shanghal den with u MANILA * LINE:Aeekly service is maintained with Manils by vessels with good

senger accommodation, s salioga from both porta avery Filělky: HAIPHONG LINE:-in-1

weekly for paasangeer and cargo.. when indacement púfére. BORNRO

koerait TIENTSIN BANGKOK

at 3 pm 6 a10.

3, p.1

30.09 30.08

30.04

77

78

59

64

42

ESE NNE

East

2

0.00

0.00

0.24.

... Bl

HONGKONG TIDE TABLE.

From 17th Oct. to 2nd Nov, 1981.

HON WATER.

determination, notably the principle that Highest open-air Temperature on 25th wages should be proportioned to the value of the service rendered, implying Lowest open-air Temperature on 26th 71 payment by results. The artificial pros- perity and trade" activity that followed upon the war are at an end, and the road- tion has begun. How long it will last no one can tell, but it is reasonably certain that we must expect a period of depression and falling wages and profits.) It is essential that the wage-earners should recognise that reductions are in- evitable, and not the fault of the capitali 1sts; they should be satisfied that all re- The ductions proposed are reasonable. capitalist, on his side, must be prepared to accept his full share of sacrifice, and be ready, if need be, as a temporary mea sure, not merely to receive no profits, Thur 27 but to face a loss, in order that our dif- Bculties may be tided over until our Fri 28 m trade recovers and prosperity returns.”

EESULTS OF PROFIT-SHARING.

∙Hong Standard

Time:

Jaber, 19 m

Helght.

Low WATER.

F'kong

Standard

Tima.

Beight

him. ft. in |}`h mjft, in.

06 Im 014 1 620.46 a' '2:

6 183 4 1 25 a¶2, 5

jm 1,572

m 2 42′′

27. 2

on 21 m

1m 3 25

8

3 10 3

m 10

7

42

11 87.

$ 5-m

10 20 a 77

13 a 3

› Mr. Austin Hopkinson, M.P. (Mossley. Sao. 30 Lancashire), who opened an animated discussion, said he did not believe there was any possibility of real improvement

Taesi or progress in industry through indus- trial arbitration. The general impres Wed sion that a competitive system involved & community of interests between a num- ber of employers and a second community of interests between a number, of workers was entirely fallacions. There was no community of interests between one em- THE METHOD OF MOUNTING ployer and another, and there was no spectacle glasses is of the greatest conflict of interest between himself and

those whom he employed. He deprecat-importance," writes Dr. O. Hartridge, ed the waste of energy in following the F.R.C.8., Ophthalmic Surgeon and blind alley of Whitleyism, which could Lecturer on Ophthalmic Surgery to the Goly lead them into-a-merese,as-Whit-- lerism was based on a wrong conception. Westminster Hospital, "they must be The man I am endeavouring to down accurately centred in frames that are light, strong and fit well, otherwise the good effect of the most carefully chosen correction, may be entirely frustrated by

带着

in business and industry," Mr. Hopkin son continued, is not the man I em ploy, but the rival employer. Provided em- ployers observe the rules of the game, it is only competition and not warfare. I

a faulty position of the glasses, or.evon my rival does not play the game, and, let us say, bribes the order clerk of my a fresh source of eye-strain may be intro- customer, then I smash him if I can" duced" The Hongkong Optical Co., (Laughter.) Mr. Hopkinson next turned to the question of the living wage, and successors to Clark & Co., Refracting and said there was not much hope for civili- Manufacturing Opticians, located in 53, sation that progress came simply through Queen's Road Central, have the equip

fuller stomachs. Whenever a man in the

[509

He

Sir William Beveridge said the whole wage system was now on its trial. would like to see universal publicity, as.

past had wished to live a higher life,ment and instrument to adjust your te first thing he did was to reduce his spectacle to a nicety -ADVY. material comfort - an: far as possible: (Laughter;) Much of our troublé, and unemployment at the present time were due to the errors of those who directed organised labour. Unemployment was due to the fact that we endeavoured to maintain a higher standard of living to profite than the economic situation could justify. The speaker proceeded to describe the system of profit-sharing which he had introduced into bis own works, and said Mrs. Barbare Wootton, of Girton, that this had resulted in turning the thought that Mr. Hichens might have works into a practical school of econo- welcomed the advent of an internationa!

Subsequent speakers emphasised the need for more information concerning profits,

for further information aPPY - NIPPON YUSEN KAISHA mics for the training of trade unionists. labour organisation designed to prevent

Talephons Nos. 122 & 292,

K. H KAMEL Manager.

Hotels in Japan & Manchuria

MEMBERS OF JAPAN HOTEL ASSOCIATION. Average Rates for Single Rooms (without Bath) including meals

Y10-12 in cities and some popular resorts. "Y·8-10 in country districts.

IN JAPAN PROFER

Kagsaski an Kyoto Hotel

Okuranj! (Nikko) != "Kyoto)=/

Lakeside Hotel

Kamakura ****

THA Hotel Karuizawa

Mikaon Hotel Mamper Hotel Koba:url

Oriental Hotel Tor Hotel

IN CHOSEN

Keijo Seoul→→

Chosen-Hotel

Pussy Station Hotl Chingialu

Daitokwan Botel, Takyo

Shisuoka

Miyako Hotel

Japan Hotal Nak

Nark Hotel Nikko

Park Hotel Miyajima

Kazaya Hotel.

Adiyajima Hotal Witko Hotal Miyanoskitä ima

Fujiya Hale ———— Ogain Ectal:

Fhingisku Station Hotel.

Khimianosik 1

Ban you Butel

IN TAIWAN (FORMOSA), Taibokaj-Taiwan Railway Hotel

IN MANCHURIA

Ohangolian

Yamato Hotel Dairen J

Yamato Hotel Hoshigourn

Yamato Hotel

Lizonial Hotel f Tokyo Station Hotel Tapiji Seiyokan Hotel

Grand Hote

Hotei (Maiden) j Yamato Hotel

Byojun Port Arthur):

Yamato Hotel

Some of his men had learned that an am- the reaction of a lowering of the stand- ployer when he kept his profits for him- ard of living in one country on other Helf did not spend the money in riotous countries.

seither able; por willing to use it as

living, but put a good deal of it back. Mrs Wootton later read before the into the business in the form of new Section a paper in which she asserted buildings and new tools. They had also that, since weak industries could bear realised that if the money was shared only comparatively low wages, an ethical among the workers the majority of the well as a commercial, element must men spent what they got and were he introduced into wage determinations. The effort to bear high wager might,

Indus capital for the extension of the busince. however, cause unemployment. The capitalist, be then argued, was a tries that were self supporting in re- man who would do the necessary saving Peet of wages ought, therefore, to nasume for the people who themselves would not some responsibility for the uneroploy Bye. In conclusion, Mr. Hopkinson as ment, which their wage policy might serted that while the workers had gained create.

Professor A. W. Kirkeldy, dealing with liberty from their employere, they had delivered up that liberty to the trade the, wages system and possible develop unions, and economically they were no ments, said that a great defect had been more free now than they were before, the fat rate. This might have been a Until a max had some individual capital necessary stage in development, but is under his own control he could not re- entailed considerable injustice on the gard himself as economically a free man. more ambitious, energetic, and skilled men. He naked whether it would be practical . . .STLEDANO WAGE FOR EMPLOYERS, politics at the present time to make an Mr. H. J. Burgess, who followed our industries in order to test the pos experiment in connection with one of urged that there ought to be a standard ability of utilising the machinery of in- wage for employers as well as for work dustrial councils or standing joint som Fers, and that employers should be committees to assess the share of production pelled to do a certain amount of work due to manual labour, and then to hand for their money.

that share at convenient intervals to the Mr. Arnold. Lapton argued that there officials of the union or unions concerned. was no real antagonism between employs Under this system the union would be- ed and employer, but that trade union come responsible for the grading bf leaders sought to promote a feeling of their members, and if the initial experie Lautagonisme.com - menta proved a success Labour would

(Continued at fast af vegt column.)tend more and more to grade itself.

',

LINE:-Fortb

to and from Sandakan by two 500-tone Der HINSANG and MAUSANG" Both steamers, naging excellent passenger accommodation. Largo -taken- en through Bill of Lading for Endat. Jesselton, Labuan, La and Lahad Dat LINE:-A regular service is run from March to

November getreed

Hongkong and Tientsin, calling at Weinalwel and Cheloo LINE-A weally service is provided between Hongkong and Ban

"vin Bwntów, by four steamers fitted with up-to-date paasengaa

· accommodation.

CALOUTTA

66

LINE:

'FOOKSANG" will be despatched on or abert Thursday, 3rd Nov., at 3 p.m., for SINGAPORE, PENANG & CALCUTTA.

Through Bills of Lading issued to RANGOON, PORT SWET. TENHAM, MADRAS and DUTCH EAST INDIES,

For Freight or Passage apply to-

TELEPHONE No! 915.

Jardine, Matheson & Co., Ltd,

GENERAL MANAGERS:

SHIRE

GLEN

AND

Joint Service of Steamets.

U.K.-STRAITS. CHINA & JAPAN SERVICE.

Versel

"M.V."" GLENGYLE"

OUTWARDS.

HOMHWARDS. Leaves Hongkong

Das Hongkong.

10th Nov.

Discharges

88 CARNARVONSHIRE® 7th Nov. Lowson, Borraadam & HAMBURG. 8.S GLENIPPER"

23rd Nov. Gros, LowDop, RotteRDAN & HAMSUNG,

pada Movementä are subject to, qhange without notion For freight or farther particulars please apply, to zmi

Jardine, Matheson & Co., Ltd.. The Glen Line, Ltd., ante.

Telephone No. 215 sub-er. 22 and 3696.

Cable Address

Kawakisen, Kabe.

Bentley's A.3.0. 5th ML

and Boott's Godes.

KAWASAKI

יז

VISEN

(KAWASAKI STEAMSHIP CO

QAYITAL-FAID-UP

Prezidenta Mr.. Y. KAWALATZ.

Vice-President Mr. K. MAÍTKAZAJ Managing Director: Mr. Masaya Azu

Telephone : Bannamaly

3844, 8953,

Company has on hand a Large Number of

AISHA

NEW CARGO STEAMERS

ALWAYS READY FOR.

CHARTERS of all descriptions.

following are comprised in the Company's Flat Eleven steamers

smers of 8,100 tons eson deadweight

And under the Company's Management par Twenty stesmore of about 9:100 tons Quadweight each. Two steamers of about 8400 tons deadweight azoka

ale (Belonging to the Kawasaki Dockyard Co., Ltd.)

For Charter Bater and all other particulars apply to that? 12fa350 as

KAWASAKI KISEN KAISHA.

No. 8, Burn Bose.

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